Health IT venture capital funding totaled $1.2 billion in 2012, according to a report by communications and consulting firm Mercom Capital Group, Healthcare IT News reports.
The amount is more than 200% higher than 2011's total of $480 million (Miliard, Healthcare IT News, 1/29).
According to the report, 163 health IT venture capital funding deals occurred in 2012, compared with 49 deals in 2011 and 22 deals in 2010 (Mercom report, January 2013).